Coinbase Walks Away From $2B BVNK Deal Amid Bank of England Stablecoin Concerns
TLDR Negotiations broke down following the Bank of England’s proposal to limit stablecoin holdings to £20,000. The deal would have doubled the value of Stripe’s purchase
TLDR Negotiations broke down following the Bank of England’s proposal to limit stablecoin holdings to £20,000. The deal would have doubled the value of Stripe’s purchase
Kaiko Research reported this week that stablecoins are increasingly acting as the foundation of crypto markets, providing liquidity and stability amid volatile price movements.
BNY Mellon projected in a recent report that the global stablecoin market could expand to as much as $3.6 trillion as traditional finance moves toward 24/7

This week, Ethereum’s dominance in the stablecoin market has reached a new record. According to data from Token Terminal, the stablecoin supply on Ethereum hit $184.1
TL;DR Compound Finance temporarily paused Ethereum lending markets after a liquidity crisis triggered by Elixir’s stablecoins. The move, recommended by Gauntlet, aimed to contain systemic contagion
Japan’s Financial Services Agency (FSA) confirmed today it is backing a joint pilot to test yen-pegged stablecoins developed by Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial
TL;DR Elixir suspended its synthetic stablecoin deUSD after a severe liquidity shock linked to Stream Finance, which reported a $93M loss and owes approximately $68M to
TL;DR Stream Finance suspended withdrawals after losing $93 million under external management, which caused its xUSD stablecoin to crash 88% in value. The “risk curator” model,
The United Kingdom is accelerating its stablecoin regulation to keep pace with the United States. The Bank of England’s (BOE) Deputy Governor, Sarah Breeden, affirmed that

TL;DR: Crypto growth stalls as liquidity recycles internally, limiting fresh capital inflows. Stablecoins, ETFs, and DATs have plateaued, creating a “player-versus-player” market. Next liquidity wave from
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